By Sandeep Bishnoi, September 21,2023
Robert Kiyosaki, the author of “Rich Dad, Poor Dad,” has once again expressed his strong support for Bitcoin (BTC), gold, and silver. In his latest remarks, Kiyosaki emphasized that he finds questions about the future prices of BTC, gold, and silver to be unimportant and instead believes the focus should be on how much of these assets investors currently own.
Kiyosaki urged investors to consider these assets as “bargains” at present, emphasizing that their prices may not remain as attractive in the future. He dismissed concerns about their prices in 2025 as frivolous and stressed that the ideal time to acquire these assets is now while they are more affordable.
The American businessman cited America’s dire financial situation as a key reason for advocating the purchase of leading cryptocurrencies and precious metals. He believes that these assets will serve as a safeguard against an impending crash in stocks, bonds, and real estate, urging people to prepare for this scenario to avoid a last-minute rush for these assets when his predictions materialize.
Kiyosaki has consistently argued that America is in a financially precarious position, with rising debt levels, despite claims of a robust economy. He has attributed the stock market’s rise to the removal of the U.S. debt ceiling.
Referring to Bitcoin, gold, and silver as “real assets” and “real money,” Kiyosaki has expressed his belief that the U.S. dollar is on a path to depreciation while these assets will retain their value.
In earlier statements this year, Kiyosaki revealed his intention to acquire more BTC, gold, and silver, citing his distrust of the U.S. Federal Reserve, the Treasury, and President Joe Biden. He has consistently criticized fiat currency, which he considers “fake money,” and reiterated his stance during a recent appearance at a cryptocurrency conference in Singapore. According to Kiyosaki, cryptocurrency represents the future of money, while fiat currency is on the decline.
Furthermore, Kiyosaki made a bold prediction that BTC will reach $120,000 in 2024, attributing this potential surge to the launch of a new cryptocurrency backed by gold by the BRICS nations (Brazil, Russia, India, China, and South Africa), which he believes will pose a threat to the U.S. dollar.